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Thread: How does China work now???
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[quote=GRIZ326,226701]When I was in Shanghai in 1978, I believe the pay for everyone was pretty uniform; with rare exception, people dress in Mao uniforms; and I do not believe there was private ownership of homes or cars. In fact, in 1978 there were not even very many bicycles in Shanghai. The ship next to mine in port was bringing in a big shipment of bicycles and little TVs. I was told back in 1978 that a Chinese woman hoped to be lucky enough to find a husband who could buy her a bicycle and a sewing machine. Boy! OH Boy! Have times have changed....It seems that people can own property - homes and cars - and be entreprenuers making as much money as they can now in China. How does the "open up" policy and free enterprise work? Does the government tax the people? Does the government own all of the businesses???How does the system work now?A friend asked me last night and I had to profess complete ignorance.[/quote]
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